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"Border Package Contains $2 Billion For Uranium Enrichment"

"The Senate’s border and Ukraine spending package contains more than $2 billion in funds for uranium processing, as the U.S. works to reduce global reliance on Russian energy exports.

The text of the bill, released Sunday night, includes $2.72 billion in unspent grant funding for domestic uranium enrichment, with the goal of bolstering nuclear fuel development. Another $98 million would go to domestic isolation and production of isotopes, a major Russian export. The package would also put $149 million toward the National Nuclear Security Administration to respond to the ongoing Russian invasion of Ukraine.

Russia is the sixth largest producer of uranium worldwide. The Biden administration has made attempts to isolate the country as an energy exporter, and it is working to reduce general foreign reliance within the renewable energy supply chain."

Zack Budryk reports for The Hill February 5, 2024.

Source: The Hill, 02/06/2024